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Vert2o

Active
Private limited companyfounded 20205 yrs activeRue Mauvinage(Silly) 131, 7830 Silly, BelgiumKBO/BCE: BE 0754.998.213
Summary

The computed 12-month bankruptcy probability of Vert2o is 2.9% (moderate). For Vert2o, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €93,260 and a net result of €421. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 5897 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability69▼-17
Solvency81▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
55.9%
Return on assets
0.3%
Age of the figures
27 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 239 days later.
NBB · 4 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 12-02-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
12 d late
2023
127 d late
2022
28 d late
2021
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 September 2020, Vert2o was incorporated as a Private limited company.1 Total assets went from EUR 91,867 in 2021 to EUR 166,845 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€421▼ 98.1%
2023 · €22,332
Working capital
€69,486▲ 6.7%
2023 · €65,128
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€64,243-€20,238▼ 68.5%€31,121▲ 53.8%€2,734▼ 91.2%
Net result€47,689above the sector's middle half-€14,818within the sector's middle half▼ 68.9%€22,332within the sector's middle half▲ 50.7%€421within the sector's middle half▼ 98.1%
Equity€55,689within the sector's middle half-€70,507within the sector's middle half▲ 26.6%€92,839within the sector's middle half▲ 31.7%€93,260within the sector's middle half▲ 0.5%
Total assets€91,867within the sector's middle half-€94,459below the sector's middle half▲ 2.8%€160,670within the sector's middle half▲ 70.1%€166,845within the sector's middle half▲ 3.8%
Debt€36,178-€23,952▼ 33.8%€67,831▲ 183%€73,585▲ 8.5%
Working capital€46,532-€61,953▲ 33.1%€65,128▲ 5.1%€69,486▲ 6.7%
Solvency60.6%within the sector's middle half-74.6%above the sector's middle half▲ 14.0pp57.8%within the sector's middle half▼ 16.9pp55.9%within the sector's middle half▼ 1.9pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €64,243€64,243Net result 2021: €47,689€47,689Operating result 2022: €20,238€20,238Net result 2022: €14,818€14,818Operating result 2023: €31,121€31,121Net result 2023: €22,332€22,332Operating result 2024: €2,734€2,734Net result 2024: €421€4212021202220232024€0€10,000€20,000€30,000Operating result 2022: €20,238€20,200Net result 2022: €14,818€14,800Operating result 2023: €31,121€31,100Net result 2023: €22,332€22,300Operating result 2024: €2,734€2,730Net result 2024: €421€421202220232024
The operating result falls in 2024; 2024 is 91% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €166,845
Fixed assets €51,880 ▼ 19.5%
Current assets €114,965 ▲ 19.5%
Equity and liabilities €166,845
Equity €93,260 ▲ 0.5%
Debt €73,585 ▲ 8.5%
Debt's share of the balance-sheet total rises from 42.2% to 44.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€17,606▼
2023 · €35,868
Cash flow
€15,293▼
2023 · €27,079
Current ratio
2.53▼
2023 · 3.09
Debt to equity
0.79▲
2023 · 0.73
ROE
0.5%▼
2023 · 24.1%
ROA
0.3%▼
2023 · 13.9%
Interest coverage
9.45▼
2023 · 123.68
Debt ≤ 1 year
€45,479▲
2023 · €31,102
Debt > 1 year
€28,106▼
2023 · €36,729
Income taxes
€1,270▼
2023 · €9,193
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€160,670€166,845▲
Fixed assets21/28€64,440€51,880▼
Tangible fixed assets22/27€64,440€51,880▼
Land and buildings22€764€1,094▲
Plant, machinery and equipment23€6,764€4,581▼
Furniture and vehicles24€56,912€46,205▼
Current assets29/58€96,230€114,965▲
Amounts receivable within one year40/41€31,049€32,165▲
Trade receivables40€17,429€10,657▼
Other amounts receivable41€13,620€21,508▲
Cash at bank and in hand54/58€63,600€81,118▲
Deferred charges and accrued income490/1€1,581€1,682▲
Equity and liabilities
Total equity and liabilities10/49€160,670€166,845▲
Equity10/15€92,839€93,260▲
Contributions10/11€8,000€8,000=
Reserves13€84,839€85,260▲
Distributable reserves133€84,839€85,260▲
Amounts payable17/49€67,831€73,585▲
Amounts payable after more than one year17€36,729€28,106▼
Financial debts170/4€36,729€28,106▼
Amounts payable within one year42/48€31,102€45,479▲
Current portion of amounts payable after more than one year42€8,271€8,623▲
Trade debts44€11,914€23,923▲
Suppliers440/4€11,914€23,923▲
Taxes, remuneration and social security45€10,917€12,933▲
Taxes450/3€10,917€12,933▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,747€14,872▲
Other operating charges640/8€239€398▲
Non-recurring operating charges66A€150€713▲
Gross operating margin9900€36,257€18,717▼
Operating profit (loss)9901€31,121€2,734▼
Financial income75/76B€694€820▲
Recurring financial income75€694€820▲
Financial charges65/66B€290€1,863▲
Recurring financial charges65€290€1,863▲
Profit (loss) for the period before taxes9903€31,525€1,691▼
Income taxes67/77€9,193€1,270▼
Profit (loss) for the period9904€22,332€421▼
Profit (loss) for the period to be appropriated9905€22,332€421▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,332€421▼
Transfer to equity691/2€22,332€421▼
To other reserves6921€22,332€421▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62-€198---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,056€4,447€4,747€14,872▲ 213%
Other operating charges640/8-€231€239€398▲ 66.5%
Non-recurring operating charges66A--€150€713▲ 375%
Gross operating margin9900€66,381€25,114€36,257€18,717▼ 48.4%
Operating profit (loss)9901€64,243€20,238€31,121€2,734▼ 91.2%
Financial income75/76B-€774€694€820▲ 18.2%
Recurring financial income75€453€774€694€820▲ 18.2%
Financial charges65/66B-€132€290€1,863▲ 542%
Recurring financial charges65€104€132€290€1,863▲ 542%
Profit (loss) for the period before taxes9903€64,592€20,880€31,525€1,691▼ 94.6%
Income taxes67/77€16,903€6,062€9,193€1,270▼ 86.2%
Profit (loss) for the period9904€47,689€14,818€22,332€421▼ 98.1%
Profit (loss) for the period to be appropriated9905€47,689€14,818€22,332€421▼ 98.1%
Line2021202220232024Change
Assets
Total assets20/58€91,867€94,459€160,670€166,845▲ 3.8%
Fixed assets21/28€9,157€8,554€64,440€51,880▼ 19.5%
Tangible fixed assets22/27€9,157€8,554€64,440€51,880▼ 19.5%
Land and buildings22--€764€1,094▲ 43.2%
Plant, machinery and equipment23-€8,056€6,764€4,581▼ 32.3%
Furniture and vehicles24-€498€56,912€46,205▼ 18.8%
Current assets29/58€82,710€85,905€96,230€114,965▲ 19.5%
Amounts receivable within one year40/41€31,377€22,739€31,049€32,165▲ 3.6%
Trade receivables40-€8,074€17,429€10,657▼ 38.9%
Other amounts receivable41-€14,665€13,620€21,508▲ 57.9%
Cash at bank and in hand54/58€50,516€63,166€63,600€81,118▲ 27.5%
Deferred charges and accrued income490/1--€1,581€1,682▲ 6.4%
Equity and liabilities
Total equity and liabilities10/49€91,867€94,459€160,670€166,845▲ 3.8%
Equity10/15€55,689€70,507€92,839€93,260▲ 0.5%
Contributions10/11-€8,000€8,000€8,000=
Reserves13€47,689€62,507€84,839€85,260▲ 0.5%
Distributable reserves133-€62,507€84,839€85,260▲ 0.5%
Amounts payable17/49€36,178€23,952€67,831€73,585▲ 8.5%
Amounts payable after more than one year17--€36,729€28,106▼ 23.5%
Financial debts170/4--€36,729€28,106▼ 23.5%
Amounts payable within one year42/48€36,178€23,952€31,102€45,479▲ 46.2%
Current portion of amounts payable after more than one year42--€8,271€8,623▲ 4.3%
Trade debts44€9,546€16,909€11,914€23,923▲ 101%
Suppliers440/4-€16,909€11,914€23,923▲ 101%
Taxes, remuneration and social security45-€7,043€10,917€12,933▲ 18.5%
Taxes450/3-€7,043€10,917€12,933▲ 18.5%
Line2021202220232024Change
Profit (loss) for the period9904€47,689€14,818€22,332€421▼ 98.1%
+ Depreciation and write-downs630€2,056€4,447€4,747€14,872▲ 213%
Operating cash flow (approximation)€49,745€19,265€27,079€15,293▼ 43.5%
Investment in fixed assets (approximation)--€3,844-€60,633-€2,312▲ 96.2%
Change in cash-€12,650€434€17,518▲ 3,936%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
30-06
Financial Weakest financial yearnet €421 ▼98.1%
Net result drops to €421, the lowest in the series.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
28-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Silly · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
3,019 m²
Building footprint
144 m²
Volume, LiDAR
744 m³
Parcel 55039E0466/00K000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VERT20
Rue Mauvinage(Silly) 131, 7830 SillySpecialised construction activities
since 20202.312.798.516
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55039E0466/00K000 Wallonia 3,019 m² 1 · 144 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 3,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end30-06
Activities, NACEBEL 2025
81300Landscape service activities
43990Other specialised construction activities
71113Urban planning and landscape architecture
77210Renting and leasing of sports and recreation goods
Contact
E-mail davide.dagostini@netcourrier.com
Phone +32475455652
E-invoicing
Reachable via Peppol
Peppol ID 0208:0754998213
Registered 28-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.